By Staff Reporter
KARACHI: The interim government cut gasoline and diesel prices by more than 4 percent for the second half of December, as global oil prices fell, and the local currency strengthened.
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Supreme Court clears path for Feb. 8 vote
By Staff Reporter
ISLAMABAD The Supreme Court of Pakistan on Friday cleared the way for the country’s general elections to be held on February 8, overturning a lower court order that had stalled the appointment of key electoral officials and threatened to derail the democratic process.
Former judge names ex-generals, judges in removal case
By Staff Reporter
ISLAMABAD: A former judge of the Islamabad High Court, who was removed from his position in 2018 for accusing the military of interfering in judicial affairs, has named several retired army generals and former judges as respondents in his case challenging his removal.
Court order stalls election preparations
By Staff Reporter
ISLAMABAD: The Election Commission of Pakistan (ECP) suspended a training session for returning officers on Thursday after a court order challenged its decision to appoint bureaucrats to oversee the elections scheduled for Feb. 8 next year.
Media blackout ordered in cipher case against ex-PM Khan and Qureshi
By Staff Reporter
ISLAMABAD: A special court conducting the trial of former prime minister Imran Khan and ex-foreign minister Shah Mehmood Qureshi on charges of leaking classified information has ordered a media blackout of its proceedings, barring journalists from reporting any details of the case.
Islamabad court sentences man to death for killing Canadian wife
By Staff Reporter
ISLAMABAD: An Islamabad court sentenced a man to death on Thursday for killing his Canadian wife in a high-profile murder case that has drawn international attention to the plight of women in the country who face violence at the hands of their partners.
Fitch affirms Pakistan at CCC, warns of funding risks and election uncertainty
By Staff Reporter
KARACHI: Pakistan’s credit rating was affirmed at CCC by Fitch Ratings on Wednesday, a level that indicates a substantial risk of default, as the country grapples with high external funding pressures and policy challenges ahead of a general election in February.
Norway’s Telenor exits Pakistan in $500 million deal with PTCL
By Staff Reporter
KARACHI: Norway’s Telenor Group said on Thursday it had agreed to sell its Pakistan telecoms business to Pakistan Telecommunications Company Ltd (PTCL) for 5.3 billion Norwegian crowns ($500 million) as part of its strategy to focus on core Asian markets.
ADB says Pakistan’s debt burden, inflation limits recovery
By Staff Reporter
KARACHI: Pakistan’s public debt has risen to almost 80 percent of gross domestic product, limiting the country’s ability to recover from the inflation-induced slowdown, the Asian Development Bank said on Wednesday.
Imran Khan and Shah Mahmood Qureshi face new indictment in cipher case
By Staff Reporter
ISLAMABAD: A special court on Wednesday indicted former prime minister Imran Khan and former foreign minister Shah Mahmood Qureshi for a second time on charges of violating the Official Secrets Act, a colonial-era law that carries the death penalty.